Monday, February 25, 2013

Nifty reaches the critical "5823"(2-mth low) & rallies swiftly in a 5 & retraces a 3.

A glimpse of a reversal was seen during the day when Nifty reached the support zone @ 5823-33.
EOD prices have confirmed a pause; Holding "5836"(80%), a follow up price action is needed to look for a possible reversal's 1st step.



4 comments:

Sanjay said...

Namaste Ilango Sir & Blogmates,

Bearish: Another day of consolidation, but volatility is increasing, could see some huge fluctuation in the next few days. SMR above 20, stay cautious at lower levels… : Option Analysis for 25-02-2013

Dedicated Option Open Interest Blog

Duplicated at Wordpress Site

Thanks & Regards,

Sanjay Kr Jaiswal

rochak parekh said...

thanks mmarketman

anybody have some more clues about CORE EDU

its fundamentals, actual information about the reason of the share price crashes and possible price action tomorrow onwards

kindly guide

have a tiny position in it, which in actual is big itself for me

thanks regards

OM SAI RAM

Sujatha said...

Reminder - 89 EMA protecting and protected on EOD closing basis sofar watever may be the fall..mid term bulls watch it if u wish

tks nd regds


Dinesh Rishi said...
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